ROSNO Сoncludes 4 mln Rubles Title Insurance Contract
OREANDA-NEWS. May 19, 2010. ROSNO's North-Western Directorate has insured the risk of losing ownership title to the apartment located in Frunzensky district of the city, with total space of 71.7 sq.m. The insurer's liability limit under this contract is 4,600,000 roubles, reported the press-centre of ROSNO.
The contract covers the risk of the insured apartment owner’s losing his or her real estate ownership title in case if the underlying apartment sale and purchase transaction is recognized as null and void by virtue of a legally consummated court resolution.
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